Taxes in Lithuania
Laws of the Republic of Lithuania provide for 25 taxes. Principal taxes are the following:
|Object of the tax||Tax and rate|
|Profits||15% or 5% Corporate income tax*|
According to Double Tax Agreement.
If there is no Double Tax Agreement, 15% personal income tax is applicable for natural person
No taxes for dividends for legal person from European Union
15% Personal income tax
39,98% Health insurance
0,2% Payment to Guarantee Fund
|Property||0,3% – 3% property tax|
* If average number of employees does not exceed 10 and income during the tax period does not exceed 300 000 €, a rate of 5% shall be imposed.